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Take It All Away has a cost of equity of 10.93 percent, a pretax cost of debt of 5.48 percent, and a tax rate of
Take It All Away has a cost of equity of 10.93 percent, a pretax cost of debt of 5.48 percent, and a tax rate of 39 percent. The company's capital structure consists of 73 percent debt on a book value basis, but debt is 39 percent of the company's value on a market value basis. What is the company's WACC? Multiple Choice 8.80% 720% 7.97% 9.39% 11.81%
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